Reyes Adobe Sublease

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Reyes Adobe

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,740
As of: December 5, 2016

Reyes Adobe Rates

Most listings are in the $20's per square foot per year. The Reyes Adobe region is experiencing a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 35% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Reyes Adobe submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Reyes Adobe Listing Supply

In the last 90 days, 4 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,740 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1985 and are Class B.

Reyes Adobe Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the occupants of Reyes Adobe work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Reyes Adobe.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Reyes Adobe.
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